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Which of the following is an example of a variable expense? (A) weekly martial arts lesson (B) rent (C) entertainment (D) monthly bus pass

Question

Which of the following is an example of a variable expense?

(A) weekly martial arts lesson
(B) rent
(C) entertainment
(D) monthly bus pass

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Solution

Step 1: Define the Problem

Identify which option represents a variable expense.

Step 2: Break Down the Problem

  • Variable Expense: Costs that can change from month to month based on usage or choice.
  • Fixed Expense: Costs that remain constant each month.

Step 3: Apply Relevant Concepts

  • Weekly Martial Arts Lesson: Could vary if the number of lessons changes.
  • Rent: Typically a fixed monthly cost.
  • Entertainment: Can vary based on activities chosen.
  • Monthly Bus Pass: Usually a fixed monthly cost.

Step 4: Analysis, Verify and Summarize

  • Weekly Martial Arts Lesson: Could be variable if the number of lessons changes.
  • Entertainment: Clearly variable as it depends on personal choice and frequency.

Final Answer

(C) entertainment

This problem has been solved

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